Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
March 22 2023 - 3:15PM
Business Wire
At their regular meeting today, the Board of Directors of
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) declared
quarterly dividends on the Company’s Class A Common Stock and
Common Stock. The dividends were declared in the amounts of $0.25
for each share of Class A Common Stock and $0.225 for each share of
Common Stock. The dividends are payable April 14, 2023 to
stockholders of record on April 3, 2023. See the Company’s earnings
press release, issued March 10, 2023, for a more detailed
discussion of these dividends. The dividends represent the 213th
consecutive quarterly dividend on common shares declared since the
Company began operating in 1969.
The Board of Directors also declared the regular quarterly
dividends on the Company’s Series H Preferred Stock and Series K
Preferred Stock. The dividends were declared in the amount of
$0.390625 for each share of Series H Preferred Stock and $0.3672
for each share of the Series K Preferred Stock. The dividends are
payable April 28, 2023 to stockholders of record on April 14,
2023.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
77 properties containing approximately 5.3 million square feet of
space. Listed on the New York Stock Exchange since 1970, it
provides investors with a means of participating in ownership of
income-producing properties. It has paid 212 consecutive quarters
of uninterrupted dividends to its shareholders since its
inception.
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John T. Hayes, CFO or Willing Biddle, CEO Urstadt Biddle
Properties Inc. 203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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